South Korea's Exports Increase by More-Than-Expected 11.9 Percent in May

(Bloomberg) -- South Korea's export rose at a faster
than expected pace in April, suggesting overseas shipments will
help extend the nation's longest economic expansion in a decade.

Exports climbed 11.9 percent from a year ago after surging
17.1 percent in April, the Ministry of Commerce, Industry and
Energy said today in Gwacheon, South Korea. That beat the median
estimate of 9 percent in a Bloomberg News survey of 11
economists.


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